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Project Management
November 11, 2019
Case Study – Maximum Megahertz
1. What is the problem that Olaf is trying to solve?
The main problem which Olaf faced is how the different risks can be determined which
are faced by the company and what steps he must initiate to Maximum Megahertz
Project and other future projects. The issue is that the lessons are not being learned by
the project managers from their mistakes and they repeat it again and again.
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The technical significance of the project is now quite understood by Olaf.
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The project is almost 4 months lagging, have crossed the budgeted amount and
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the issue related to the battery is not going to be resolved.
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In the opinion of Olaf, he is fixed with the project, but his intuition is indicating
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something different
He is looking to take suggestions from the HR manager, friends from different
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organizations and in his opinion, all are providing him the good suggestions.
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3. Based on your analysis, what is the cause of the problem? (explanation of problem
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analysis).
There is an absence of the project team which is skillful and cooperative. The
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project team must have correct control over the project by understanding the
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various issues to be faced in the project. The risk profile of the project must be
analyzed. By changing the project manager, only risks are transferred. Daily
meetings must be conducted to evaluate the situation. All the stakeholders must be
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4. What is your recommended plan of action for both the short-term and long-term? For
short term?
Regular meeting and project evaluation must be performed to get the real picture of the
project. A database must be developed by the team from the past projects so that they
can control the various elements of the project within control. The team must try to
learn from past mistakes. A status report must be prepared by Olaf to have a clear
picture of the project. The work efficiency and accomplishment of the project work
must be estimated and determined by the project team. The rectification in the different
activities should be done by matching all the parameters against the budget parameters.
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